Is Mc Connellsburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Connellsburg is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mc Connellsburg was a Buyer's Market.

Key Takeaway

Mc Connellsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Connellsburg, PA

How much do homes in Mc Connellsburg, PA cost?

Median Sold Price

$180,000

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$42,000(-18.9%)

Key Takeaway

Homes in Mc Connellsburg have sold for 18.9% less than they did a month ago.

Summary: The median home sold price in Mc Connellsburg was $180,000 in October 2024, down 18.9% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$134.4K
N/A
3 $222K$201K
-9.5%
4 --
N/A
5+ --
N/A

Summary: Mc Connellsburg housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mc Connellsburg, PA

How many homes are available in Mc Connellsburg, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1115+36.4%

Summary: The Mc Connellsburg real estate market had 15 homes for sale in October 2024, a 36.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 23
+50.0%
3 66
0.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Mc Connellsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Connellsburg, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Mc Connellsburg in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Mc Connellsburg, PA

How long does it take to sell a home in Mc Connellsburg, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days14 Days-37.4%

Summary: Homes in Mc Connellsburg had an average of 14 days on market in Oct 2024, down by 37.4% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mc Connellsburg are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Mc Connellsburg; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Mc Connellsburg, PA

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